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Finance

Sterling tumbles as declining inflation cements BoE cut bets

Bermuda Broadcasting Newsdesk -
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed on Wednesday International News via...
Finance

OpenAI taps former UK finance minister Osborne to lead global Stargate expansion

Bermuda Broadcasting Newsdesk -
Osborne, who served as chancellor of the exchequer from 2010 to 2016, will take up the role in January and will oversee the expansion...
Finance

UK launches review of foreign financial interference in politics

Bermuda Broadcasting Newsdesk -
Announcing the move, the government cited the case of a former senior member of Reform UK who was jailed for taking bribes to promote...
Finance

UK’s FTSE 100 falls as oil, defence stocks weigh; domestic unemployment climbs

Bermuda Broadcasting Newsdesk -
The UK's blue-chip FTSE 100 fell 0.3% by 1022 GMT after closing 1% higher in the previous session, while the midcap FTSE 250 index...
Finance

London stocks climb as investors bet on BoE rate cut

Bermuda Broadcasting Newsdesk -
The UK's blue-chip FTSE 100 jumped 0.9% by 10:26 GMT, while the midcap FTSE 250 index added 0.66% International News via Reuters: UK stocks edged higher...
Finance

Shares stabilise ahead of big central bank decisions, key data

Bermuda Broadcasting Newsdesk -
S&P 500 e-mini futures rebounded 0.4%, after U.S. stocks had slumped on Friday over concerns about a bubble in Artificial Intelligence shares and lingering...
Finance

Dollar set for weekly decline after Fed meeting, sterling steadies as economy shrank

Bermuda Broadcasting Newsdesk -
The dollar index, which measures the U.S. currency against six peers, was flat at 98.34, set for a weekly drop of 0.64% International News via...
Finance

ECB to quiz 110 banks on geopolitical risk impact

Bermuda Broadcasting Newsdesk -
The ECB will ask banks to describe what sort of political shock would reduce their Common Equity Tier 1 capital by 300 basis points...
Finance

FTSE 100 gains after Fed’s softer tone; eyes on GDP data

Bermuda Broadcasting Newsdesk -
The Fed lowered rates by an expected 25 basis points in a divided vote on Wednesday, but signalled interest rates are unlikely to fall...
Finance

Dollar choppy as risk-off mood, dovish Fed unsettle markets

Bermuda Broadcasting Newsdesk -
Investors dumped risk assets like stocks and cryptocurrencies after disappointing earnings from U.S. cloud computing giant Oracle reignited fears that surging AI infrastructure costs...
Finance

Many UK firms say volatile pound triggered losses in 2025, need to hedge grows

Bermuda Broadcasting Newsdesk -
The report surveyed over 250 chief financial officers and treasurers at UK companies in October about their hedging plans and costs International News via Reuters: Nearly...
Finance

ECB proposes simpler bank capital rules

Bermuda Broadcasting Newsdesk -
Banks have long complained the supervision has become onerous and others, particularly the United States, are now pushing to cut regulation and soften capital...
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